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IPOs are hot in Silicon Valley. SPACs are even hotter


IPOs are hot in Silicon Valley. SPACs are even hotter
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Paw Andersen is chief technology officer of Metromile. The San Francisco auto insurer has agreed to become publicly traded through a deal known as a SPAC, or special purpose acquisition company.Paul Kuroda / Special to The ChronicleShow MoreShow Less
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Virgin Galactic is merging with Social Capital Hedosophia, whose CEO, Chamath Palihapitiya, will become chairman of the combined entity.Matt Hartman / Associated Press 2018Show MoreShow Less
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Andersen joined Metromile last year from Uber. The company charges customers based on miles driven.Paul Kuroda / Special to The ChronicleShow MoreShow Less ....

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